Homesteading 2.0 – A Home That Pays For Itself

John Robb of Resilient Communities wrote a blog post about “A Home That Pays for Itself”.

His basic premise is that it’s getting harder and harder to be economically secure. He states that you need a resilient home;  “A home that produces food, energy, water, and more.  A home that allows you to stay connected but remain independent”.

I couldn’t agree more. Several years ago I promoted Sunconomy homes as homes that pay for themselves. When you consider the costs of living, you can see why.

• Living costs are continuing to escalate
• Income from jobs is flat or declining, especially when you take into consideration true inflation
• Retirement income is in jeopardy due to low returns vs. risk necessary to achieve an “above inflation” return on investment
• Mortgage costs on larger homes can be very costly over the life of the loan…over 2 times the cost of paying cash can be spent on interest alone.
• Property taxes increase continually. When the elderly, on fixed incomes, can’t pay their ever increasing property taxes, they can easily lose their homes at a tax sale
• Utility costs to heat and cool a larger home, especially  when not used (the kids are all gone) can be burdensome.
• Insurance costs – as inflation continues, replacement costs will increase and premiums will have to go up as a result.

The bottom line…think about building a Sunconomy house. One that will provide peace of mind against a potentially hazardous future.